2019-08-23
http://w3.windfair.net/wind-energy/news/32197-senvion-agreement-lender-financial-support-insolvency-august-period-outcome-business-area-m-a

Senvion Gets Continued Support from Lenders

Image: SenvionImage: Senvion
The company continues its accelerated M&A process

Official Press Release Senvion:

Senvion announces agreement with its lenders as it continues its accelerated M&A process

Wind Industry Profile of
Senvion announces agreement with its lenders as it continues its accelerated M&A process

Senvion concludes agreement with its lenders which gives sufficient financial support until at least end of August / M&A process further accelerated in order to achieve results soon / All business areas under review

Senvion today announced that it has reached an agreement with its lenders which gives financial support for the continuation of its business until the end of August and potentially for a period thereafter if ongoing talks with lenders can be concluded successfully. This agreement enables Senvion to further accelerate its M&A process in order to achieve results soon. Discussions with potential bidders are at an advanced stage. Yves Rannou, CEO of Senvion, said: "In tandem with the hard work and commitment of everybody at Senvion, we have been... ... More: Official Press Release Senvion

Keywords:
Senvion, agreement, lender, financial support, insolvency, August, period, outcome, business area, M&A







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